Venezuela faces tough situation

Venezuela faces tough situation

The economic trends were rather negative in Venezuela last year. Despite a large boost in income from rising oil prices, the economic situation has not improved. Papermakers were also hit by a severe contraction in demand for their products. As the national economy has deteriorated, mills have been forced to reduce staff numbers, cancel investments and mothball some operations. As a result, there are only five plants running at the moment.

Paper production continued to decrease last year, falling 14% on 1998 levels. Kraftliner output was the worst hit and showed a drop of 32%. Packaging and wrapping grades also fell by 30%, while printing/writing paper production dropped 18%. On the raw materials side, the picture was hardly better. Pulp production fell 6% and imports dropped 13%. The company news coming out of Venezuela is not that encouraging either. Venepal is still considering a joint venture with Copamex of Mexico, while Smurfit and ABCD Cartiere have put expansion plans on hold for the moment.

On a more positive note, Papeles Venezolanos was due to start up a new 100 ton/day deinking plant in June 2000. The company also hopes to upgrade its PM 5 in 2001, but all other investments are postponed at present.

Major elections are due to be held in Venezuela this month. The president, congress, state governors, state legislators and municipal councils will all be elected. The current president expects to be reelected but there is growing opposition to his rule in view of the country’s economic, political and social problems.

Population: 23,900,000.

Total land area (km^sup 2^): 912,050.

Total forest (km^sup 2^): 620,050.

Commercial forest (km^sup 2^): 62,915.

Per capita consumption of P&B (kg): 27.

Number of P&B mills: 9.

Number of pulp mills: 5.

(Number of pulp liness by type: soda 2; semichemical 2; nonwood 1.)

Paper & board capacity: 854,100 tons.

Pulp capacity: 307,000 tons.

pulp production rising oil prices pulp mills copamex state governors venepal state legislators commercial forest cartiere municipal councils national economy staff numbers writing paper smurfit economic trends expansion plans economic situation abcd contraction raw materials

back - Your comprehensive International Trade Services, resource.
Advertised by Ati Advertising on

Agricultural products Manufacturers | Art & Handmades Manufacturers | Beverages Manufacturers | Building materials Manufacturers | Books Manufacturers | Chemical products Manufacturers | Church materials Manufacturers | Clothing Manufacturers | Clothing accessories Manufacturers | Construction materials Manufacturers | Cosmetics Manufacturers | Environmental systems Manufacturers | Food products Manufacturers | Footwear & Leather Manufacturers | Fuel - Lubricants Manufacturers | Furniture - Lighting Manufacturers | Gifts & Handicrafts Manufacturers | Handmades Manufacturers | Home accessories Manufacturers | Industrial materials Manufacturers | Jewelry Manufacturers | Machinery - Tools Manufacturers | Miscellaneous Manufacturers | Museum copies Manufacturers | Musical instruments Manufacturers | Ores Manufacturers | Packaging materials Manufacturers | Paper Manufacturers | Plastics Manufacturers | Publishing houses Manufacturers | Sports - Equipment Manufacturers | Textiles & White linen Manufacturers | Traditional Goods Manufacturers

Carton Boxes Crete
Heraklion Crete Greece

We make paper boxes for Iraklion, Chania, Rethymnon, Agios Nikolaos, Ierapetra, Sitia

Απο το 1974 παράγουμε χαρτόνια, χαρτοκιβώτια, χάρτινα κουτιά, χαρτοτελάρα, χάρτινες κυψέλες, πάτους, καπάκια για επιχειρήσεις σε
Ηράκλειο, Χανιά, Ρέθυμνο, Άγιος Νικόλαος, Ιεράπετρα, Σητεία